We are five independent, creative thinkers who not only have expertise investing in technology and resources, we’ve also worked in the spaces ourselves. We possess a deep understanding of how emerging technologies work – and how to maximize their profitability.
Small means less room for bureaucratic inefficiency and inertia – and more room for agility, creativity, and genuine collaboration.
We all do our own research, analysis, and portfolio management. Having our hands on the details of a deal gives us a sharp advantage that’s worth the effort. In our areas of focus, a company’s growth and profitability often hinge on making informed decisions based on deep analysis.
Before we talk about where we can take your company, get to know where we came from.
Candice Eggerss has been a Managing Director at Firelake Capital Management since 2003. Prior to 2003, Candice was a partner in technology hedge fund Camelot Capital, a Vice President at J.P. Morgan Investment Management responsible for managing the J.P. Morgan Small Cap Opportunity Fund and small cap technology investments, and held various roles as analyst and research director as a partner at Weiss, Peck and Greer and as a managing director at Equitable Capital. She began her financial career as a securities analyst at Morgan Stanley in 1985.
Candice has investment expertise in information technology, cleantech, energy, telecommunications, and transportation. She received a B.S. degree in Biology from Stanford University and an M.B.A. from Columbia University Graduate School of Business where she majored in accounting and finance. Candice is a Board Member of Cornerstone Capital Group (and Chair of Audit Committee) and Amazing Care Network - two private for-profit companies - and is Audit Chair, Presidio Graduate School and Board Member of WOCAN - two non-profit organizations. Additionally she is on the Advisory Committee of the Berkeley Startup Cluster where she has initiated a program to support women entrepreneurs in Berkeley.
Fred Kittler is a managing director and co-founder of Firelake Capital Management LLC. From 1996 to 2001, Mr. Kittler was the Co-President of Velocity Capital Management LLC, the investment adviser of the Velocity Technology and Communications Fund.
Previously Mr. Kittler spent eleven years at J.P. Morgan Investment Management Inc. in technology. He began his career at J.P. Morgan as a software analyst in 1985, then spent six years as the portfolio manager responsible for small capitalization technology and health science investments. Prior to that, Mr. Kittler spent five years as a sell-side research analyst, for First Albany Corporation, with an emphasis on advanced defense technology. Mr. Kittler's previous experience was as a systems analyst, programmer and production manager for Graphic Management Systems in New York
Mr. Kittler holds an M.A. in Economics from Columbia University and a B.A. in Architecture from Princeton University. He has served on the Visiting Committee for Advanced Technology at the National Institute of Standards and Technology, and on the Independent Review Panel of the Public Interest R&D program of the California Energy Commission.
Martin Lagod is a Managing Director and co-founder of Firelake Capital Management. Previously, Mr. Lagod was the co-founder and CEO of Solo Energy Corporation, an energy technology company based in Alameda California. Solo Energy developed microturbine and clean combustion reciprocating engines for the distributed power market.
For the previous 19 years, Mr. Lagod was an intellectual property attorney based in Silicon Valley first as a partner in the Palo Alto office of Phoenix based Brown and Bain, and then at Cooley Godward in Palo Alto.
Mr. Lagod holds a B.A. in Economics (with Honors) from the University of North Carolina (Chapel Hill) and a J.D. from Vanderbilt University.
Peter Shannon joined Firelake Capital Management as a Managing Director in 2010. He is focused on early stage investments in renewable energy, technologies improving use and delivery of natural resources, and other innovations on mature industries.
From 2005 until joining Firelake, Peter was a Principal at Atlas Venture, where he focused on solar, grid-scale energy storage, industrial energy efficiency, solid state data storage, and related software investments. Over his time at Atlas, he served as an observer on the boards of Advanced Electron Beams, Simple Tuition, MiaSolè, Songbird, Active Endpoints, Pixtronix, and Lilliputian Systems.
Before joining Atlas Venture, Peter was an MBA student at the University of Chicago Booth School of Business, and prior to that was Vice President of Technology at Browz Group, a company he invested in and advised throughout start-up. Browz Group provides large customers in power generation, chemical, mining, and other heavy industries with on-line supply chain verification services, to help them and their suppliers exchange compliance-related information.
Peter's experience in software design and management in startups began while an undergraduate, when he co-founded Eye Response, Inc., a company that pioneered computer eye tracking systems. He authored a U.S. Patent and drove commercialization of the technology for applications in healthcare as communication aid for quadriplegics, as well as broader consumer applications as an augmentation to the computer mouse. Eye Response was acquired by DynaVox in 2009.
Peter holds an MBA, with High Honors, from the University Of Chicago Booth School Of Business and a BS, with Distinction, in Systems Engineering from the University of Virginia. He is a member of the board of Global Fresh Foods.
Lisa Lee is the Chief Financial Officer of Firelake Capital Management. Lisa joined Firelake in 2007 as Chief Administrative Officer. Her responsibilities include internal and external reporting, U.S. tax planning and compliance issues associated with structuring of new fund offerings and limited partner relationships. Lisa is also responsible for overseeing all financial reporting, accounting, human resources, and administrative functions at Firelake.
Prior to joining Firelake, Lisa was the controller at the venture capital firm of Walden International where she worked for 9 years. Lisa holds a B.A. in Accounting from Golden Gate University and is a Certified Public Accountant.